Perpetual Futures: Coinbase Empowers Retail Traders

Coinbase perpetual futures for retail traders outside the United States

Coinbase International Exchange has announced a significant milestone. It holds a class F license issued by the Bermuda Monetary Authority (BMA). The platform has now secured additional regulatory clearance. That clearance empowers it to introduce perpetual futures trading for retail customers outside the United States.

Coinbase brings perpetual futures to retail customers

Since its launch in May 2023, Coinbase International has been at the forefront of offering crypto derivatives services to institutional clients. This latest regulatory green light will extend access to regulated perpetual futures contracts on the Coinbase Advanced platform. Eligible customers will get access in the weeks ahead. Coinbase Bermuda maintains the perpetual futures accounts, and the BMA oversees them.

The crypto exchange asserts that nearly three-quarters of the total crypto trading volume originates from the derivatives market. This recent regulatory approval is poised to democratize access for retail traders. Institutional players predominantly command this market.

Who can trade perpetual futures on Coinbase

Furthermore, Coinbase underlines its policy of not engaging in market-making activities. Well-established, independent liquidity providers furnish liquidity on the platform. They have undergone rigorous compliance evaluations.

Coinbase affirms its platform as the optimal gateway for retail traders to securely and proficiently navigate the derivatives market. However, access is limited to non-U.S. consumers in select countries. They undergo an eligibility assessment before gaining entry to the Coinbase Advanced trading platform.

This latest regulatory endorsement for Coinbase International to offer perpetual futures to retail clientele further underscores the expanding gap between the U.S. and international markets. The move positions the U.S. at a relative disadvantage in the evolving landscape of crypto derivatives trading.

The expansion continues…

Thrilled to announce that Coinbase International Exchange has secured regulatory approval from the Bermuda Monetary Authority (BMA) to enable perpetual futures for non-US retail customers.

— Coinbase 🛡️📞 (@coinbase) September 28, 2023

Global expansion continues

This significant development follows the approval by the National Futures Association (NFA) for Coinbase to extend crypto futures investments to eligible institutional clients within the United States. Coinbase’s global expansion efforts continue apace. They solidify its position as a leading player in the crypto industry.

Key takeaways

Coinbase International Exchange holds a class F license from the Bermuda Monetary Authority.
It secured additional approval to offer perpetual futures to retail customers outside the United States.
Access is limited to non-U.S. consumers in select countries who pass an eligibility assessment.
The move positions the U.S. at a relative disadvantage in crypto derivatives trading.

Learn more about perpetual futures on Wikipedia.